In July, the commodity price index increased by 15.5% year-on-year.

The China Federation of Logistics and Purchasing announced the price index of bulk commodities for July today. From the operation of the index, the price index of bulk commodities has slightly declined month-on-month, while maintaining a significant year-on-year increase, indicating a generally stable market. The price index of bulk commodities in China for July was 128.6 points, a month-on-month decrease of 1.3% and a year-on-year increase of 15.5%. Among the 50 bulk commodities closely monitored by the China Federation of Logistics and Purchasing, 14 commodities saw price increases month-on-month in July. Notably, coke, praseodymium oxide, and corrugated paper had the highest increases, with month-on-month rises of 7.1%, 6.4%, and 5.6% respectively.